Airbus just inked its biggest airplane order ever

Posted November 16, 2017

Indigo plans to supply the narrowbody jets to four airlines in which it has stakes: US carrier Frontier Airlines, Mexico's Volaris, Chilean JetSMART and Hungary's Wizz Air.

For instance, Indigo Partners likely received a discount in the neighborhood of 45% to 48%, Airways senior business analyst Vinay Bhaskara told Business Insider. Airbus is preparing to announce an order of 430 medium-haul A320 family by the american society of investments of Indigo Partners for an amount in excess of $ 40 billion (34 billion euros), a-t-on learned from a source close to the folder.

The combined $76.5 billion in deals kept the momentum alive on the third day of the air show. The 67-year-old has overseen the sale of jets worth $1.7 trillion at list prices and helped to lift Airbus's market share from a mere 18 percent to stand roughly at par with Boeing.

The Gulf super-connector has hinted, along with many of its peers, that it sees the future in smaller more efficient aircraft. Nearly three-quarters of that will be single-aisle models, the company said.

Boeing immediately hit back with a provisional agreement to sell 175 planes to budget airline flydubai.

Azerbaijan Airlines also announced it would be the launch customer for the 787 Landing Gear Exchange Program whereby Boeing Global Services will provide the carrier with a lower-cost solution for overhauled and certified landing gears for its Dreamliner fleet, which now numbers seven aircraft.

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Franke, whose Phoenix-based Indigo Partners controls Frontier Airlines and owns part of Mexico's Volaris, flew to the UAE today to sign the deal at the Dubai Airshow, marking one of the industry's biggest ever deals by volume, two people familiar with the matter said, Reuters reported.

Flydubai's first 737 MAX 8 takes off from Boeing's Seattle delivery center in July. "We are honoured that flydubai has selected to be an all-Boeing operator for many years to come".

An anticipated order for A380 superjumbos worth $16 billion failed to materialize at the last moment on Sunday, forcing Emirates and Airbus into further talks to finalise a deal.

AerCap is the world's largest lessor of the Airbus A320neo; and the largest customer of the Boeing 787, with 116 on order and owned.

Boeing and AerCap, a Dublin-based aviation leasing company, also announced today that EgyptAir would lease six 787-9 Dreamliners.